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89.0¢ resimac group ltd

HY24 is $20.4m but losing -$2.3m in NZ. Adding back so about...

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leia28

189 Posts.

22

27/06/24

14:33

Post #: 74509206
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Originally posted by McKhenry: ↑

Cannot be a bad thing clipping an unprofitable arm of the business

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HY24 is $20.4m but losing -$2.3m in NZ. Adding back so about $23m = FY24 $46m. PE 6 = $276m market cap. Market cap $342m = share price has to go down.

Why did the CFO quick?
Why before results share price makes a new low?
Why are Big Banks generally all up small cap financial services all down?

Risk: Australian business goes backwards even more. Don't fight the market wait to assess FY results and then make better decision!

RMC Price at posting: 85.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 89.0¢		Change 0.005(0.56%)		Mkt cap ! $356M

Open	High	Low	Value	Volume
89.0¢	89.0¢	89.0¢	$20	23

Buyers (Bids)

No.	Vol.	Price($)
2	10600	88.0¢

Sellers (Offers)

Price($)	Vol.	No.
89.0¢	37030	2

View Market Depth

No.	Vol.	Price($)
2	10600	0.880
1	11887	0.870
1	2900	0.860
2	3500	0.855
1	3520	0.850

Price($)	Vol.	No.
0.890	37030	2
0.900	22606	2
0.915	8000	1
0.920	14383	2
0.925	8181	2

Last trade - 10.07am 17/09/2024 (20 minute delay)

RMC (ASX) Chart